So last week it was reported that the big corporate pub chain had reported big losses compared to the year before, with sales dropping by around £160 million . Also sales were 8.7% lower, as of the nine weeks leading up to October 1st, compared to the same period as last year. Currently they keep blaming and comparing revenue drops on the UK lockdowns and Covid, which to be fair could be a contributing factor, but there are other factors to consider.
Obviously during this period, all the branches had to go through refurbishments in order to fit in line with restrictions, these included fancy pieces of plastic to protect staff from the other side of the bar, as well as PPE materials for them. They also had to pay staff members furlough as the vast majority of employees in the company weren’t able to work as the hospitality industry was one of the sectors that was hit the hardest.
The problem with ‘Spoons at the moment though is, just like every other big corporate company, is that they’re everywhere and they take business away from small businesses. Even now, there are rumors of turning my local library (which is a different issue) into another branch of the company. There’s already a lot of competition in my area as there’s a pub on every street corner, but I can guarantee that if this rumor is true then they’ll all start losing business.
Yes ‘Spoons is great as they offer cheap beer and cheap food, but personally I believe we should all go to our local pubs over these corporate chains, build relationship with the owners and the staff, and support them as best as you can.